Home / Business and Economy / CFTC Embraces Bitcoin in Finance
CFTC Embraces Bitcoin in Finance
9 Dec, 2025
Summary
- Bitcoin, Ether, and USDC can now be collateral for derivatives.
- A pilot program expands crypto integration into US finance.
- Tokenized Treasuries and money-market funds are also included.
The Commodity Futures Trading Commission (CFTC) has announced a pivotal decision allowing Bitcoin, Ether, and the dollar-pegged stablecoin USDC to serve as collateral for derivatives trades. This move marks a substantial integration of digital assets into the United States' financial infrastructure.
The pilot program, detailed in staff advisories and a no-action letter, extends to futures brokers, swap market participants, and clearing houses. It signals a new era for crypto's role beyond simple trading.
Beyond cryptocurrencies, the guidance includes tokenized U.S. Treasuries and money-market funds. Clear mandates for asset segregation, reporting, and surveillance underscore the CFTC's commitment to maintaining market integrity throughout this expansion.
